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by d4rt
5891 days ago
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With regards to the Dutch Auction it may not have captured the maximum value for Google, but did it capture more than the alternative? According to http://www.businessweek.com/1999/99_47/b3656143.htm the average IPO gained 14.1%, which would suggest they did leave money on the table, although I'd question if Google's IPO would be described as average. By comparison Akamai gained some 458% in it's first day of trading. |
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